Livre sterling / Dollar américain
Mis à jour

GBPUSD Trade Idea

417
In yesterday's forecast, I discussed about the possibility of 1.3540 support being breached during the Asia session with 1.3479 as the target, which is exactly what the market performed. Wait for a clear reaction at 1.3479 zone to determine our short-term directional bias. Currently will be looking for short-term buying opportunities if 1.3479 is rejected, however, do be aware that price could pullback as far towards 1.3438, use 1.3438 - 1.3479 as zones rather than levels. If the bullish setup works, will be identifying the strength & momentum of buyers to determine our targets as 1.3540 is now a key resistance to watch out, 1.3627 & 1.37 will be the further targets. Do not forget the overall trend on the higher timeframe remains bullish, stay neutral.

Trade safe.

Do follow my profile for daily fx forecast & educational content.
Note
Previous analysis

GBPUSD Trade Idea

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.